The Real Estate Council
The cost of building a home in Dallas will likely increase this year as the city reviews the Dallas building permit fee schedule for the first time since 2015 — but it won’t happen until March 27 at the earliest. The Dallas Development Services Department collects about $28 million in revenue each year, but has…
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Dallas Development Services is looking to increase the builder permit fee in an effort to recoup a $22 million departmental deficit. The department collects about $28 million in revenue each year, but has an operating cost of about $50 million, Development Services Director Andrew Espinoza told the Dallas City Council’s Economic Development Committee on Dec.…
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A surefire way to provide affordable housing in Dallas is to increase density, says local developer Marc Henderson. He’s leading the charge with Exodus Development Group by collaborating with private partners and seeking innovative funding sources. One such success story is a six-unit rehabilitation project at 736 West Seventh St. in the Bishop Arts District. …
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Houston touted its Community Land Trust as an innovative solution to lead the nation in affordable housing. The plan fell short, funding was slashed, and bureaucracy got in the way, according to a comprehensive report in the Texas Tribune last month. But Houston didn’t have Linda McMahon, president and CEO of The Real Estate Council,…
Read MoreThe Federal Reserve Bank of Dallas issued its report on the Dallas-Fort Worth economy, The Real Estate Council named its new leaders for 2019, and the Zweig Group tapped a new COO, all in this week’s roundup of real estate news. HOME PRICES UP, HOME SALES DIP IN DFW, DALLAS FED SAYS The Dallas-Fort Worth…
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